Beazer Homes USA Q2 2024 GAAP EPS $1.26 Beats $0.91 Estimate, Sales $541.540M Miss $572.077M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beazer Homes USA (NYSE:BZH) reported Q2 2024 earnings of $1.26 per share, surpassing the $0.91 estimate, marking an 11.5% increase from last year. However, sales of $541.540M fell short of the $572.077M estimate, a slight 0.44% decrease from the previous year.
May 01, 2024 | 9:22 pm
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Beazer Homes USA reported a strong Q2 2024 EPS of $1.26, beating estimates, but sales slightly missed expectations.
The positive earnings beat suggests operational efficiency and could attract investors looking for profitability. However, the slight miss in sales forecasts may raise concerns about revenue growth and market demand, potentially balancing the stock's short-term outlook.
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